No Need To Worry About Fuel Costs

[FatticusInch]

…if you have nowhere to call home anyway!

https://news.sky.com/story/pound-slumps-live-news-mortgages-interest-rates-imf-12615118

UK economy latest news: 40% of mortgage deals now pulled - as interviewer hits out at Truss's 'scripted' answers

/Cost of living and economy latest as Liz Truss defends the mini-budget, saying "decisive action" was needed to prevent a UK recession and blaming global pressures for this week's economic turmoil; 40% of mortgage deals have now been withdrawn from the market./

[FatticusInch]

Minister lambasted about over-use of the Ukraine excuse on LBC too.

https://vm.tiktok.com/ZMFLBfouT/

[ichkeria]

She is doomed.

I have scarcely heard a worse set of excuses

[douglas9401]

As the plans rools out it's clear that she's only there to take the heat so the real preference gets a smoother ride.

Nice pension bump though, for a cretin.

[FatticusInch]

A fair summary here too.

[ichkeria]

“Liz Truss has finally broken her long painful silence with a series of short painful silences.'

Angela Rayner (!)

[FatticusInch]

…..and more blame game from Tory commentators.
I don’t always agree with James O’Brien but anyone who irks Dorries as much as he did must be doing something right and proper.



That’s comedy gold!

[davebro]

That's a bit of a leap Fatti - assuming that someone who can't get a mortgage will be out on the street!

Still - if it floats your dinghy.

[FatticusInch]

Oh dear. Someone’s telling fibs.

Bank of England's chief economist contradicts government's message about UK's financial volatility
The Bank of England's chief economist has directly contradicted the government's message that the UK's financial volatility is due to global pressures.
In a speech seen by Sky News economics and data editor Ed Conway, Huw Pill says: "There is undoubtedly a UK-specific component."
He adds: "Over the course of the past week, there has been a significant repricing of financial assets.
"Part of that re-pricing reflects broader global developments.
"Part of it reflects the ongoing normalisation of macroeconomic policy after the pandemic-induced episode of exceptional ease."

[FatticusInch]

I reasoned you might avoid using the word dinghy after your recent shenanigans Davebro?

Tories are sinking faster than a wicker canoe though……